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Data breaches can cost financial institutions millions of dollars. So when third-party vendors have access to systems containing confidential information or sensitive data, it’s crucial to have a strategy for third-party risk management.
This expert e-guide describes how to use standardized documentation for third-party risk assessment in order to minimize risk before deciding on a vendor.
Inside, access advice about the security-related clauses that financial institutions need to include in their vendor contracts in order to comply with regulatory requirements for vendor risk management.
- Vendor:
- BitSight
- Posted:
- Feb 8, 2021
- Published:
- Feb 26, 2016
- Format:
- Type:
- eGuide
